Quote:
Originally Posted by robfantasy
anyone gotten one of these?
anyone care to comment on them..?
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You can get $25,000.00 within the first 6 months of opening your business (or as early as when you register your business) as long as the owner has a credit score of 680 or higher. The bank typically throws in a credit card with a $7,000.00 limit as well. All this goes into the business name and appears on the business credit report as opposed to your personal report. You can do this for each entity that you own and no financials are needed. You?re not expected to have any so early in the game.
Have you every seen those infomercials about corporate credit and setting up LLCs. This is what they are doing and they are charging people for the information.
I told one of my models about this and she went out and got $300,000.00 in credit. I regret passing the info on to her because I know that she is going to hang herself with it.